EINAR SELSETH AS

7820 SPILLUM

Finances

Share Ownership

Return on Equity

30,53 %

Current Ratio

9,56

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 341 000	2 667 000	2 168 000	1 977 000
Net Income	1 051 000	438 000	230 000	115 000
Total Assets	4 019 000	3 408 000	2 850 000	2 548 000
Total Equity	3 443 000	2 892 000	2 455 000	2 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 341 000	2 667 000	2 168 000	1 977 000
Expenditure	2 995 000	2 104 000	1 872 000	1 831 000
Operating Profit	1 347 000	563 000	296 000	146 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	1 000	2 000	1 000	1 000
Financial Balance	0	−2 000	0	1 000
Earnings Before Tax	1 347 000	561 000	295 000	147 000
Tax	296 000	123 000	65 000	32 000
Net Income	1 051 000	438 000	230 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 544 000	262 000	577 000	700 000
Total Current Assets	2 475 000	3 147 000	2 273 000	1 848 000
Total Assets	4 019 000	3 408 000	2 850 000	2 548 000
Total Retained Equity	3 143 000	2 592 000	2 155 000	1 924 000
Total Equity	3 443 000	2 892 000	2 455 000	2 224 000
Total Long-Term Debt	317 000	76 000	56 000	57 000
Total Current Debt	259 000	440 000	340 000	267 000
Total Equity and Debt	4 019 000	3 408 000	2 850 000	2 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 705 000	2 500 000	2 168 000	1 977 000
Other Income	1 636 000	166 000	0	0
Revenue	4 341 000	2 667 000	2 168 000	1 977 000
Cost of Goods Sold	205 000	280 000	87 000	108 000
Salary Costs	669 000	657 000	602 000	578 000
Depreciation	32 000	59 000	80 000	77 000
Impairment	0	0	0	0
Expenditure	2 995 000	2 104 000	1 872 000	1 831 000
Operating Profit	1 347 000	563 000	296 000	146 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	1 000	2 000	1 000	1 000
Financial Balance	0	−2 000	0	1 000
Dividends	500 000	0	0	0
Net Income	1 051 000	438 000	230 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	190 000	428 000	473 000
Total Tangible Assets	77 000	190 000	428 000	473 000
Total Fiancial Fixed Assets	1 467 000	71 000	149 000	227 000
Total Fixed Assets	1 544 000	262 000	577 000	700 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 293 000	2 888 000	2 126 000	1 700 000
Total Current Assets	2 475 000	3 147 000	2 273 000	1 848 000
Total Assets	4 019 000	3 408 000	2 850 000	2 548 000
Total Equity	3 443 000	2 892 000	2 455 000	2 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	317 000	76 000	56 000	57 000
Creditors	72 000	155 000	123 000	103 000
Unpaid Taxes	76 000	105 000	89 000	99 000
Dividends	500 000	0	0	0
Other Current Debt	72 000	74 000	60 000	50 000
Total Current Debt	259 000	440 000	340 000	267 000
Total Equity and Debt	4 019 000	3 408 000	2 850 000	2 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,53 %	15,15 %	9,37 %	5,17 %
Debt-to-Equity Ratio	0,09	0,03	0,02	0,03
Operating Profit Margin	31,03 %	21,11 %	13,65 %	7,38 %
Current Ratio	9,56	7,15	6,69	6,92
Quick Ratio	9,56	7,15	6,69	6,92
Equity Ratio	0,86	0,85	0,86	0,87
Gross Profit Margin	95,28 %	89,5 %	95,99 %	94,54 %